Wednesday, May 7, 2008

US Government Small Business Loans

A US government small business loan is a great way for companies to receive financial help in beginning or maintaining a successful venture. These financial programs were created to help companies in the United States succeed in their endeavors. This does not mean, however, that everyone in the country will be granted US government small business loans. There is quite a lot of preparation and research that needs to go into the success of receiving this type of funding. "Be ye strong therefore, and let not your hands be weak: for your work shall be rewarded" (2 Chronicles 15:7).An individuals first stop should be to the local chapter of the United States Small Business Administration (SBA) office. The SBA will be able to help the interested person understand everything about applying for US government small business loans. Organizations will have resources that will help the individual understand their finances and will even help them write a plan. This can be a great help if the person is just starting out and not sure what information is needed to get a US government small business loan.Once a person gathers information about US government small business loans, they can start their plan of action. Individuals must make sure they have all written materials in line when applying for a US government small business loan. The last thing a person will want is to be denied simply because of insufficient documentation. They will need to provide financial statements for at least the past two years, which include incoming and outgoing money. When applying for this funding it is also important that the person have a clear definition of what the company is about. It is nice for lenders to see the organization is or can be profitable, but if they can't get a clear picture of how this is or will be accomplished, they are likely to deny funding.There are great opportunities for small companies to succeed through the help of a US government small business loan. If a person has the right documentation and the right attitude about a venture, there is a much better chance they will be accepted for any US government small business loans they apply for. Individuals must remember that assistance is available for businesses that will help the economy. Lenders, especially those working for United States government funding programs will look for the positive attributes that a company will bring to the surrounding areas economic growth and development.For more information, visit: Source:

Tuesday, May 6, 2008

All About Small Business Loans

Besides the myriad of problems that a small business owner faces, the most severe issue is lack of capital and limited avenues to raise capital from external sources. Being a small business owner, it is never easy to get a business loan, as most lenders would consider them as borrowers with unstable income and poor credit. Justifiably, as most small business often do not have a steady flow of income in the initial period and runs on low profit, it actually becomes a challenge for the owners to pay off their business loans. Most financial institutions and banks are therefore not very enthusiastic about lending to these small business owners and are concerned about their ability to repay.However, the good news is that there is a group of lenders who would not like to let go this increasing market segment of small business borrowers and they have devised a lending scheme that fits the requirements of the small business owners. They can use these small business loans for expansion of their business, purchasing new tools and technology or even to meet revenue expenses like paying wages or buying raw materials.Apprehensive about the increased risk involved in lending to small business owners, these lenders would always take sufficient measures to cover against any probably loss. In most cases the small business owners would be required to keep an asset as the security for his borrowed amount. Also, the interest for small business loans is always charged at a higher rate than other loans. Unlike normal business loans there is often a cap to the amount that any financial company would lend to a small business owner. Depending on the stability of the business, the credit history and several other factors the maximum amount of loan offered is decided.Small business loans can be either for short term (ranging from few months to an year) or long term, which can be repaid over a longer period that might stretch even to 20-25 years. The small business entrepreneurs needs to decide on this repayment period and other terms and conditions depending on their specific requirements.The most important factors that most small business owners should consider while deciding on a loan is the flexibility of repayment. As most small business would experience irregular income for some period in its life cycle, a flexible repayment schedule can be immensely helpful. There are lenders that offer extremely flexibility in terms of amount paid towards repayment as well as any pre specified period of repayment. This helps the small business owners to make repayments for any particular period based on their income during that period. As there is no specific pre determined amount to be paid, there is no question of underpayment or further interests being applicable. However, it is very difficult to find such a lender who will be so sensitive to your financial condition and offer you the highest degree of flexibility.Alternative to small business loans there are many other companies that are offering business cash advance to small business owners, where they are not liable to repay. Business cash advance is not a loan and the organization offering this cash advance gets their money from the credit card sales that the business does in a specific period, there by reducing the burden of paying back the loan and the terms and conditions to qualify for such cash advance are also relatively simple.With this increasing number of sources available for small business funding it is high time that you unleash the entrepreneur in you and give shape to that dream project you have in your mind.This article is written by Ray Smith, a marketing expert with years of experience in different industries and specialized knowledge on branding and Internet marketing. Small Business Loans, Business Cash AdvanceArticle Source:

Monday, May 5, 2008

You Can Start Your Own Small Business With The Help Of Small Business Loans

Each and every business is different in its working, size, credit histories and many other things. Finance is the basic requirement of a business and no business can survive properly without loans whether big or small. In this article we talk about small business loans:A small business is defined as a business having small number of employees working in it. There are various options for a person to start a small business. To start a small business, loan is the number one choice. Small businesses are main part of our economy and loans provided to them will cover their financial needs.There are different types of loans available to the small businesses. The other name given to operating loans is working capital loans like secured or unsecured working capital loans. Such loans are helpful to meet day-to-day expenses. A term loan is used for financing long-term assets. You can also apply for SBA loan, which is provided by private-sector banks and assured by the SBA.SBA’s 7(a) loan help small business firms to get cash amount upto loans up to $1 million. Small firms make use of SBA’s MicroLoan for purchasing machinery and other materials needed for a business. A person will get up to $25,000 for 6 years. The owner of a small business will get 504 SBA loans through local financial progress groups. In LowDoc there will be minimum paper work and its processing is also very fast. A person can apply for up to $100,000.Other loans include commercial real estate loans, merchant cash advance, international trade loans, equipment loans for professionals and pollution control loans.The author presents the website on small business loans. It covers the meaning and importance of small business loans, types of small business loans. You can visit his site on business loans.Article Source:

Sunday, May 4, 2008

Plans Works! Even with Small Business Loans

Do you crib every morning while going out for office, you are sick and tired of the files piling up on your office desk. How many times did you think of leaving the job and starting up your business and being your own boss? Then what is stopping you? Is it the finance? Now it’s the time to give up your worries and avail a business loan. A business loan would provide you with the opportunity to provide skin to your skeleton of ideas.SMALL BUSINESS LOANS can build up the capital you need to start a small business. With so many online sources for small business loans, you don’t need to rely on family for capital. For getting your loan application approved without any hassles all you need to do is little homework. You should pay attention to your business plan and its feasibility, which would act as a catalyst even in case you have a bad credit past or whether you are using collateral or not for indulging in loan.Starting with a small business means that you need relatively less amount and if you keep any collateral then you will surely get a good deal in form secured small business loan. The good deal carry with it low rates of interest, easy repayment plans and long tenure of loan. However, equity is also noteworthy. The equity will be in the form of wealth you devote in your business. If there is enough equity in your business to payback the loan, the small business loan will be yours.If your credit report is without the red marks, then the biggest beneficiary would be you as you can get the business loan without much tribulation. So if you have a great idea, great people to work with and a well written business plan – you have everything, almost everything. All you need is a small business loan to make it a winner. So, how can you begin to write the success story? Of course with a small business loan.The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. She has done her masters in Business Administration and is currently assisting e-business-loans as a finance specialist. For more information please visit: Source:

Saturday, May 3, 2008

Small Business Loans – Encouraging Business Initiatives

Being a small business owner is not easy. Apart from the problems that the small business owners have to face in operating business, the severest of problems is in raising capital. It is not easy to raise capital for business use; particularly in an environment in which small business owners are accorded a status similar to borrowers with bad credit. Self employment is considered a bad credit case because of the unstable income generation through small business. It is said how a small business owner will pay fixed installments on a loan if he has not made much income (profits) in a particular month. Banks and financial institutions are thus not receptive to the demands of the small business owners.However, a loan can be designed particularly suited to the small business owners. Few lenders, who did not want to lose on the opportunity of lending to the rising group of small business owners, devised such loan. It is known as small business loan. Small business loans are advanced to small entrepreneurs who invest it in a series of purposes like expansion of their facility, buying technology, purchasing new tools and equipments, and also to buy raw materials and pay wages to workers.Lenders advance small business loans on the principle of moderate risk, which is no different from lending any other loan. The principle of moderate risk implies lending by keeping sufficient cover against risks. Therefore, while designing the terms of the small business loans, lenders are often seen to be using this principle. Take for instance, the rate of interest. The rate of interest charged on small business loans is higher than the normal. Similarly, lenders will only lend a limited sum on small business loans. These are sufficient proof of the manner in which lenders prepare for any risk that may emerge in the future.What differences can a borrower notice in small business loan, which goes in his favour? Borrowers can get an arrangement designed by which they can repay loan installments with ease. Small business loan with a flexible repayment schedule sufficiently solves the problem of the self employed people. Through a flexible repayment schedule, borrowers do not need to make repayments of a pre-specified amount and a pre-specified period. Depending on the income that they are able to salvage in that period, they can make repayments accordingly. Therefore, in certain months (or any periodicity chosen by borrower to make repayments) there can be underpayments, overpayments, and no payments at all (termed as payment holiday).However, not all lenders may be ready to accommodate your financial condition thus. If you consider the clause of flexible repayments so necessary in your case, then you must mould your search operations accordingly. With the help of brokers, searching small business loan according to ones desired criteria is not very difficult. Brokers are associated with several loan providers in the UK. When a person applies for small business loan to these brokers, they forward it to all the lenders who they think can appropriately advance loans to the entrepreneurs. The broker conducts the entire search operation. The borrower just has to choose from the large number of deals that the lenders forward. Brokers can also arrange small business loans from lenders who accept flexible repayment. Similarly, other specific requirements of borrowers can be incorporated into any small business loan searched. Brokers charge certain fees for their services. However, the best deal that these help to find will make the issue of fees irrelevant.Small business loans can be either short term or long term. A short-term small business loan is repayable in a period ranging from certain months to a year. Long-term small business loans on the other hand, advance money for as long as 25 years. Depending upon ones requirement, the small business owners can decide term of repayment and other terms and conditions of the small business loan.Michael T. Brian is the author of this article. He is Masters in Business Administration and expert in finance. He writes about various finance related topics. To find Business loan bad credit, unsecured business loan, business start up loan, Small business loans visit Source:

Friday, May 2, 2008

Unsecured Small Business Loans to Gain Success

Have you ever thought what the word success means to people? For some it would be securing good marks in examination, for others it may be finishing the project assigned by the boss but for a businessman it means maximization of returns and attaining acknowledgment.An entrepreneur must be innovative and self-assured; must have the zeal, dream and the burning desire to accomplish set goals. Almost everyone who sets out to start a business possesses all these qualities, but what they lack are the necessary resources needed to start up or expand the business. Moreover what adds more flavour to this condition is the lack of collateral which can be used for getting the required finance.Unsecured small business loans are a good idea. These loans do not require the borrower to put collateral against the loan he is borrowing. It is the best thing that could happen to a starter who does not want to keep his property at stake for venture, which may or may not flourish.You can easily get unsecured small business loans and enjoy the following benefits:• Use an unsecured small business loan for small and medium sized business• Unsecured Small Business Loans can be availed at a competitive rate of interest.• The processing pace of Unsecured Small Business Loans is much faster.Unsecured small business loans provide you with financial support without any liabilities attached to it. Even though you have no collateral at risk in case of an unsecured business loan, still you must take care to pay back the loan in time lest your credit history gets blacklisted.With an unsecured business loan, you now have the perfect recipe for success, but how you use it depends entirely on you. If you are able to use it in the right way – you will surely emerge as a winner. This is because a strong financial foundation is a credit to every business.Don’t hesitate; don’t wait! Get a small business loan and Get your business going.For more information please visit => the author: The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Adverse credit business loans as a finance specialist.Article Source:

Thursday, May 1, 2008

Small Business Loans for Women

The Small Business Administration states that business loans for women are on the rise, and will continue to be needed on an increasing basis in coming years. Business loans for women are more popular than ever due to a variety of factors.1. Women are taking the initiative needed to become business owners and are opening new businesses.According to the most recent data on businesses, available from the U.S. Department of Commerce, Bureau of the Census, there were 5.4 million women-owned businesses in the United States in 1997. The Bureau of the Census also stated that the number of women-owned firms grew almost three times as fast as all firms between 1992 and 1997. They have reported that the number of women-owned firms increased by 16 percent in this five-year period, compared to a six percent increase for United States firms in general. The 1997 Economic Census states that women-owned firms made up 26 percent of the nation's 20.8 million nonfarm businesses, employed seven percent of the 103 million workers, and generated four percent of the $18.6 trillion in receipts. The National Foundation for Women Business Owners states that the current estimated growth rate in the number of women-owned firms is nearly twice that of all firms, and this increase is a trend that is expected to increase even more in coming years. The anticipated increase in women-owned firms, therefore, brings about a tremendous need for business loans for women.2. The past decade has shown a boom in the home-based business arena.The increase in home-based businesses popping up nationwide is due very much to the idea that many mothers are starting businesses in order to choose a work-at-home lifestyle to bring income into the home, and at the same time, raise their children at home rather than placing them in daycare. While these home-based business are operated in a nontraditional work environment, in perhaps a nontraditional style of operation, they are nonetheless the same as other businesses in the style of carrying inventory, making purchases for the business, marketing the business, and creating a web presence. Business loans for women are crucial for small businesses such as these. Many have proven to be just as successful or even more successful than traditional businesses and businesses owned by men.3. Women often purchase existing businesses.Nearly no explanation is needed to stress the need for business loans for women in this area. Purchasing a business requires money, most often obtained through business loans for women or through another type of loan. Because more and more women are leaving the work place and carefully weighing all factors of owning a business, purchasing an existing business is a wonderful option for those that don't want the risk involved in actually starting a business. By purchasing an existing business, it allows the potential new owner the opportunity to carefully examine the existing business regarding many things, including its profitability, gross sales, and market position. A business that rates high in all three areas is a good business investment for a new potential business owner, especially a women with past business experience. Business loans for women can offer a new, potential business owner the opportunity needed to operate a successful business.4. With more women in business for themselves, business loans for women are needed to offer women capital crucial for a business to succeed.Regardless of whether the business is home-based or more traditional in nature, and whether it's a start-up business or was a purchased, existing business, capital is needed for a business to succeed, and to start, business loans for women are of great assistance. Business loans for women offer women a way of starting a new business with capital. Business loans for women can also assist women in increasing sales for an existing business, as well as marketing the business or expanding a business.5. Women tend to choose to operate businesses in the services or retail trade industries.According to the U.S. Census Bureau, more than seven out of every 10 women-owned businesses and firms are operated in the services or retail trade industries. Considering the nature of these two types of businesses, one can easily see why the need for business loans for women is on the rise. In order for a woman to successfully operate a retail trade business, for example, inventory is needed. While drop shipping can sometimes be an option, especially for an at-home retail business operated through an online store, more realistically speaking, inventory needs to be purchased. Business loans for women offer women the option of purchasing inventory to be sold in a retail business. Likewise, a service-related business normally operates with the use of equipment, and is often specialized equipment for that specific type of business. The availability of business loans for women offers women the opportunity to purchase equipment and supplies needed to operate and succeed in running a service-related business.Business loans for women are increasingly important for female business owners. However, careful consideration should be taken before securing a business loan to make sure that the loan is truly needed for the business to expand and succeed, and to make sure that the loan payments will easily fit into the business' budget.Rebecca Game is the founder of Digital Women ®, an online community for women in business. A 30 year entrepreneur and dedicated to helping other women. Visit her site: Loans for Women Source: